Amaces selected for custodian benchmarking 28 January 2014London Reporter: Daniel Jackson
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John Lewis Partnership Pensions Trust has appointed Amaces to benchmark and monitor custody and foreign exchange services provided to it by J.P. Morgan.
Amaces has developed a set of diagnostic products that allow clients to achieve and sustain optimum performance from their custodian banks and fund administrators
The firm has a client base of more than 80 global institutions managing £5 trillion in assets, enabling Amaces to provide benchmark comparisons by peer group and across the industry on service levels and value for money.
J.P. Morgan was mandated to provide custody and related services to John Lewis Partnership Pensions Trust in 2010.
The mandate covers custody, accounting, performance measurement, FX, compliance, cash sweep and securities lending services to John Lewis Partnership Pensions Trust, which has in excess of £2 billion in total assets under management.
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